Friday, July 10, 2009

2:15PM AFTERNOON CLOSE FOR THE WEEKEND


GOLD CONTINUES TRADING WITHIN THE DOWN FLAG


All markets trading down a bit

WITH ONE HOUR TO GO, GOLD IS CREEPING A BIT HIGHER


Dow close off about 50 points
Oil levels off at about 59.85
No surprises left today, so it's all up to those who want to
be in or out for the weekend.

LOOKS LIKE GOLD IS GOING TO WANDER SIDEWAYS FOR THE REST OF TODAY'S TRADING


THE LARGER VIEW


The low at 90660 could be the Head of a short term
Inverse Head and Shoulders pattern that would resolve up

WILL THE DOWN FLAG RESOLVE UP BEFORE THE AFTERNOON CLOSE AT 2:15PM PDST?



DOLLAR FALLS TO .80405 (or lower, I use delayed prices)

Instead, dollar's next move is up to .8045
But Dow, Oil, Euro are all moving higher,
so gold could move up right after the Crimex close.
6 minutes to go

GOLD MAY SPIKE HERE THEN PULL BACK VERY QUICKLY

GOLD MAKES A NEW HIGH WITH 18 MINUTES TO GO BEFORE THE CRIMEX CLOSE


Dow, Oil, Euro moving up
Dollar slipping lower, currently at .8046
Bonds angling down in a down flag...could move higher

WILL GOLD GO HIGHER BEFORE THE CRIMEX CLOSE?


THE GOLD BASHERS ARE SUCCEEDING ONCE AGAIN PREVENTING GOLD'S RISE DURING THE CRIMEX SESSION


GOLD GETTING READY TO BREAK OUT HIGHER?




YES!

GOLD SEEMS RELUCTANT TO RETRACE FULLY HERE


NOT MUCH MAKES ANY SENSE TODAY, AS USUAL, BUT GOLD IS MOVING UP AND SO IS THE DOLLAR


GOLD FIGHTS BACK


TWO LARGER VIEWS




GOLD FALLS TO THE BOTTOM 75% RETRACE POINT


This crap will all be forgotten when gold finally explodes.
For now, we will just have to look at these manipulations
as great opportunities to acquire more cash gold coins before
the big crash arrives in a few months from now.

GOLD DROPS A BIT TO THE LOWER BLUE UPTREND LINE THEN BOUNCES


Dow and Oil drop
Bonds still moving up
Euro turn down a bit
Dollar edging down to .8040 forming a small ledge
to fall from

DOLLAR FALLING, GOLD FINDING SUPPORT AT THE TOP WHITE DOWNTREND CHANNEL LINE, WILL SOON MOVE HIGHER


Bonds break out of a down flag and move higher
Euro gradually moving up
Dow chopping hard today, currently off about 30
Oil heading up at the moment after making new lows
in the 58s

GOLD IS CONSOLIDATING HERE BUILDING ENERGY TO MOVE HIGHER


Timmy Geithner is now speaking to our 'representatives'
in Congress and explaining how our great leaders have a
'new plan' to chase the horses that have already escaped the
barn all over the pasture and neighboring pastures.
What a bunch of criminals!
When are we going to hang these bastards?

NEXT HIGHER 75% RETRACE POINT AT 91580


GOLD STARTING TO BREAK OUT OF THE NEXT WHITE DOWN TREND CHANNEL


Gold hits the 75% retrace point

GOLD CLAWS ITS WAY BACK UP AGAINST APPARENT INTERVENTION PRESSURES


GOLD GETS BASHED AS THE DOW AND EURO SUDDENLY DROP


Sure looks like intentional intervention as the Dow and Euro
suddenly drop precipitously at the same exact time.
Gold was setting up for a solid move higher, but was stopped
in its tracks and dropped quickly on very low volume, then was hit a
second time when it appeared to find support at the white top
downtrend line which it had just broken out above.

GOLD SUDDENLY JUMPS UP ON MODERATE VOLUME BREAKING OUT OF THE WHITE DOWN TREND CHANNEL


THE LARGER VIEW


BONDS DOWN, OIL, EURO, DOW ALL MOVING HIGHER


Dollar off its high of .8071 some. Dropped to .8049 but
just moved back up to .8061 currently. Should drop from
here...but when?

Thursday, July 9, 2009

2:15PM PDST AFTERNOON GOLD CLOSE

GOLD STARTS BACK UP FOR NOW


Whatever is going to happen will take place after gold
re-opens at 3pm pdst and overnight

GOLD MAY BE TURNING BACK UP HERE, BUT NOT UNTIL AFTER THE MARKET REOPENS AT 3PM PDST


Bonds moving up
Dollar stuck at .8008
Euro flat near its highs
Oil coming up some
Dow closes at even on the day

LOOKS LIKE GOLD IS GOING TO TAKE IT ALL THE WAY DOWN TO THE FINAL 75% POINT BEFORE TURNING BACK UP


GOLD MOVES A BIT LOWER


GOLD RETRACES TO THE 1ST 75% POINT, DOLLAR DROPS TO .7995, GOLD SHOULD MOVE BACK UP FROM HERE


GOLD RETRACES LOWER, WILL PROBABLY RALLY FROM THE 1ST 75% RETRACE POINT


GOLD MAY BE HEADED BACK UP FROM HERE


Euro, Oil, Dow all headed back up
Dollar slowly slipping, currently at .8001

GOLD RETRACES




DOLLAR IS VERY WEAK, GOLD SHOULD RALLY NOW


Oil is weak
Euro is staying strong
Dow is positive so far
Dollar's low is at .7988 and is up from there to .8007 which
is not much if the PPT is trying to goose it